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General Anti-Avoidance Rule and the burden of proof
Budget 2012-13 has proposed the introduction of General Anti-Avoidance Rule (GAAR) which has raised a tremendous controversy on various issues. One of the issues is about the burden of proof. Normally the burden of proof of evasion is discharged by Revenue. Here the proposal is to throw it back to the taxpayer. Here in this treatise I propose to discuss only this. What comes to my mind first on this
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